Hungary

In line with our view, the National Bank of Hungary (NBH) hiked its base rate by 25bps to 8.25% on April 28. Elevated inflation risks remained a major concern for the monetary council... 2008-04-29

The Hungarian forint made a major move on April 7, pushing through a short-term resistance level at HUF256.00/EUR. The currency has benefited from the recent rise in interest rates... 2008-04-08

Ratings agency Standard & Poor's (S&P) downgraded the outlook for Hungary's 'BBB+' long-term foreign currency issuer default rating (IDR) to 'negative' from 'stable' on... 2008-03-17

In line with our view, the bounce in the Hungarian BUX equity index in mid-February has proven short-lived, with the index selling off through the latter half of the month. With the... 2008-03-05

The decision to abandon the Hungarian forint's trading band will not have any major impact on the direction of the currency or interest rate outlook over the medium term. That said,... 2008-02-26

Our short term bearish view on central European, Russian and Turkish equities has played out dramatically, with every one of our downside targets hit within the past week. While there... 2008-01-18

Major emerging European stock indices are looking increasingly precarious in the short-term, as benchmark equity markets in Europe and the US react to a weakening investor climate... 2008-01-09

Many of BMI 's short-term negative views on equity markets across the emerging Europe region are playing out, as investor sentiment continues to be weighed by global credit volatility.... 2007-12-19

BMI View: Long term, we believe that the external debt fundamentals of emerging Europe will continue to improve. Growth rates, although declining from 2007's highs, will be fair,... 2007-12-10

In line with the bounce in the US dollar, we have seen EM high yielding, higher risk currencies having difficulty holding their ground. The Hungarian forint is a case in point. With... 2007-11-15